PNG casinos it shows here aren't attractive to any but money launderers, kickbackers, or?

PNG casinos it shows here aren't attractive to any but money launderers, kickbackers, or?

Anonymous
Anonymous

May 2nd, 2007, 5:38 pm #1

The casino bill is all about making huge amounts of money off a small piece of land in Boroko.

There is nothing attractive about overseas gamblers coming to PNG except if there is funny business involved. No one will come to PNG as opposed to going to the casinos in Australia, going to Macao, or Las Vegas.

As shown by the article below, even the gambling casino industry says that there is nothing attractive about investing in casinos in PNG under the current law.

So why is that strange Korean group investing?

Obviously there is funny business involved here with respect to the Korean's wanting to build the casino in PNG.

Obviously there is also funny business involved with respect to the Somare government introducing the gambling casino legislation.

Clearly there will be hidden kickbacks of money involved to those who have arranged for the law.

Kickbacks to whom?



Published: Wednesday, May 02, 2007 Online-Casinos.com


PAPUA NEW GUINEA THE LATEST IN LICENSING


But with costs like these will this jurisdiction prove popular?

The Australian and New Zealand media are reporting on the newest global online gambling licensing jurisdiction this week - Papua New Guinea, where parliament has passed a gaming law allowing casinos and internet gambling in the Pacific nation.

The Gaming Control Bill 2007, introduced by Prime Minister Michael Somare, overwhelmingly passed 61-0 in the last session of parliament before the general election in June. But eight MPs, including Treasurer Rabbie Namaliu and Community Development Minister Carol Kidu, walked from the chamber in protest before the vote.

Churches and women's groups in PNG are likely to lead opposition to the new law.

Somare told the House the new law contained provisions to keep out criminal exploitation and impose strict entry requirements, including hefty refundable casino entry fees, to discourage Papua New Guineans from gambling.

Under the new law, each of PNG's provinces can have one casino license for 10 years.

Casino operators will be required to pay a duty of 20 percent of gross profit and a community benefit gaming levy of 5 percent of gross profit.

Somare said PNG could earn income from taxing PNG-based internet gaming for overseas clients "without being affected by the social ills gambling brings to the local population" but the main thrust of the legislation is on land opportunities. The new law paves the way for a Korean consortium to build a US$35 ($47.78) million five-star hotel and casino in Port Moresby, a project already approved by PNG's cabinet.


Gaming machines are legal in PNG but illegal Asian-sourced "horse race gaming machines" have proved a problem, with several cases uncovered of senior police officers colluding with Asian businessmen in their operations.


The new law creates the National Gaming Control Board to control all forms of gaming activities and promote community awareness of problem gambling.
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Yokomo
Yokomo

May 3rd, 2007, 2:11 am #2

The casino will be a venue for money laundering by the asians,drug traffickers and big time criminals around the globe.The only foreigners that will came to PNG to gambles will be international CROOKS. They have paid the MP out which is public knowledge in PNG. Its a sad day for PNGeans. The people will become more poorer than they are now and lots of family break downs will occur. Crime , AIDS and prostitution will creep up as living in the urban centers become a struggle.

Yokomo
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Legalizing Prostitution will be Next...
Legalizing Prostitution will be Next...

May 3rd, 2007, 3:15 am #3


Well folks, gambling and prostitution go hand in hand. Now that our leaders in all their wisdom have legalized gambling, you can expect the legalizing of prostitution very soon.
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Anonymous
Anonymous

May 3rd, 2007, 3:30 am #4

Why? The politicians can use the service and make plenty of money offering the service leaving it just the way it is!
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Anonymous
Anonymous

May 3rd, 2007, 5:06 am #5

How can you attract overseas gamblers when our crime rate will scare them away.

And casinos means problems for gamblers-they will lose.
Casino owners will win.
Look at Solomon islands they've had a casino for a long time now yet it has brought them nowhere.
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Anonymous
Anonymous

May 3rd, 2007, 6:55 am #6

This is just another "think big vision and plan" for Somare to accumulate more private wealth all done within 1 year and months work to push and pass the Bill.

What a great making of a PM who thinks only of himself and his cronies interest and selling the social harmony and opportunity loss of last parliament sitting of his government to think of passing other potential Bills on White Collar Crimes in Public Offices, Corporate Theives, Other Corruption Loopholes and many more other issues of social and economic concern for peoples' benefit that has been there for years and are still prevalent.

PNG, please read the minds and actions of this PM and MPs who cannot really judge and plan well according to issues of the day. Can we still vote for them when they said they are doing well with the economy and are dishing out money all over the country on the eve of election? I think these are all cover ups to remain in power and do more damage. They must be stopped now and let the true leaders and politicians who are for and will be for the people and country take us into the new era. We don't need the colonial era politicians. They are still under-developed in their capabilities to think right and lead as visionary leaders.

God Help This Young and Beautiful Nation.
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brokegambler
brokegambler

May 3rd, 2007, 7:41 am #7

The casino bill is all about making huge amounts of money off a small piece of land in Boroko.

There is nothing attractive about overseas gamblers coming to PNG except if there is funny business involved. No one will come to PNG as opposed to going to the casinos in Australia, going to Macao, or Las Vegas.

As shown by the article below, even the gambling casino industry says that there is nothing attractive about investing in casinos in PNG under the current law.

So why is that strange Korean group investing?

Obviously there is funny business involved here with respect to the Korean's wanting to build the casino in PNG.

Obviously there is also funny business involved with respect to the Somare government introducing the gambling casino legislation.

Clearly there will be hidden kickbacks of money involved to those who have arranged for the law.

Kickbacks to whom?



Published: Wednesday, May 02, 2007 Online-Casinos.com


PAPUA NEW GUINEA THE LATEST IN LICENSING


But with costs like these will this jurisdiction prove popular?

The Australian and New Zealand media are reporting on the newest global online gambling licensing jurisdiction this week - Papua New Guinea, where parliament has passed a gaming law allowing casinos and internet gambling in the Pacific nation.

The Gaming Control Bill 2007, introduced by Prime Minister Michael Somare, overwhelmingly passed 61-0 in the last session of parliament before the general election in June. But eight MPs, including Treasurer Rabbie Namaliu and Community Development Minister Carol Kidu, walked from the chamber in protest before the vote.

Churches and women's groups in PNG are likely to lead opposition to the new law.

Somare told the House the new law contained provisions to keep out criminal exploitation and impose strict entry requirements, including hefty refundable casino entry fees, to discourage Papua New Guineans from gambling.

Under the new law, each of PNG's provinces can have one casino license for 10 years.

Casino operators will be required to pay a duty of 20 percent of gross profit and a community benefit gaming levy of 5 percent of gross profit.

Somare said PNG could earn income from taxing PNG-based internet gaming for overseas clients "without being affected by the social ills gambling brings to the local population" but the main thrust of the legislation is on land opportunities. The new law paves the way for a Korean consortium to build a US$35 ($47.78) million five-star hotel and casino in Port Moresby, a project already approved by PNG's cabinet.


Gaming machines are legal in PNG but illegal Asian-sourced "horse race gaming machines" have proved a problem, with several cases uncovered of senior police officers colluding with Asian businessmen in their operations.


The new law creates the National Gaming Control Board to control all forms of gaming activities and promote community awareness of problem gambling.
We made the casino news online!

http://www.onlinecasino.org/news/papua- ... g-1722.php

Now everyone will have the opportunity to travel to Las Vegas...the world's casino capital!
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Anonymous
Anonymous

May 3rd, 2007, 7:42 am #8

This is just another "think big vision and plan" for Somare to accumulate more private wealth all done within 1 year and months work to push and pass the Bill.

What a great making of a PM who thinks only of himself and his cronies interest and selling the social harmony and opportunity loss of last parliament sitting of his government to think of passing other potential Bills on White Collar Crimes in Public Offices, Corporate Theives, Other Corruption Loopholes and many more other issues of social and economic concern for peoples' benefit that has been there for years and are still prevalent.

PNG, please read the minds and actions of this PM and MPs who cannot really judge and plan well according to issues of the day. Can we still vote for them when they said they are doing well with the economy and are dishing out money all over the country on the eve of election? I think these are all cover ups to remain in power and do more damage. They must be stopped now and let the true leaders and politicians who are for and will be for the people and country take us into the new era. We don't need the colonial era politicians. They are still under-developed in their capabilities to think right and lead as visionary leaders.

God Help This Young and Beautiful Nation.
How do we stop them, as you suggest. Any ideas? Voting them out won't stop them because now the law is passed and the personal enrichening has only just begun.
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Anonymous
Anonymous

May 3rd, 2007, 7:44 am #9

How can you attract overseas gamblers when our crime rate will scare them away.

And casinos means problems for gamblers-they will lose.
Casino owners will win.
Look at Solomon islands they've had a casino for a long time now yet it has brought them nowhere.
It's going to be a money laundering facility.
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Anonymous
Anonymous

May 3rd, 2007, 9:36 am #10

How do we stop them, as you suggest. Any ideas? Voting them out won't stop them because now the law is passed and the personal enrichening has only just begun.
The Bill as been passed and will pave way for more higher sophisticated gambling. How do we stop this happening?

1. Get a new government into place and set up all the new corrective measures of check and balances in place. Money laundering as many preconceived if sure to happen must be dealt with the strongest terms by a strong new government. If things are here to stay, so be it so long as the benefits must otweigh the costs.

2. Pass new ant-corruption laws by a new and strong government on public funds crime, corporate funds crime, and illegal business dealings. All these must be dealt with severe punishment even death as the ultimate-rule of Law.

3. Pressure and anti-gambling groups to carry out more awareness on the social effects of Gambling with real substantiated facts to discourage small time gamblers to try.

4. People must refrain themselves from indulging in these activities. It is all useless and hopeless.

So my view is to have a strong government to control for the benefit of all without self-interest,favour, fear and corruption. This will be the only way to progress for growth and development.

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